Finance & Investment
Greystone Closes First Freddie Mac Revolving Credit Facility in Seniors Sector
Greystone closes the first Freddie Mac Revolving Credit Facility for the seniors housing sector on behalf of Oakmont Senior Living.
2014 Multifamily Investment Forecast
Our 2014 Multifamily Investment Forecast brings goods news as experts expect an increase in the amount of financing capital flowing into the industry.
The Condo Comeback?
Strained supply and high rents have condos in demand, though many developers remain hesitant.
Economy Watch: Extended Unemployment Benefits Lapse for 1.3 Million Recipients
Extended unemployment benefits expire for 1.3 million people, and Freddie Mac’s delinquency rate drops to 2.43 percent—its lowest level since March 2009.
TODAY’S DEALS: Berkshire to Acquire Two Apartment Assets for $120M
Berkshire Income Realty to acquire 588 units; Hudson Capital Investments buys a community outside Houston; and Beech Street Capital provides $7.4 million for a Florida acquisition.
TODAY’S DEALS: Stockbridge Capital Group Refinances 336-Unit Asset
HFF arranges refinancing for a community in Pasadena, Md.; Madison Realty Capital acquires an $18 million mortgage portfolio; and Great Lakes Capital invests $4.8 million in a new affordable housing development.
MHN Interview: John Isakson, Preferred Apartment Communities
MHN talks to John Isakson, chief capital officer at Preferred Apartment Communities, about the company and multifamily issues that legislators should be aware of.
TODAY’S DEALS: Walker & Dunlop Arranges $43.5M for New Orleans Acquisition
Walker & Dunlop provides $43.5 million for a New Orleans acquisition; Apartment REIT Home Properties acquires 252 units; and Johnson Capital arranges $5.4M loan for purchase of affordable apartment community.
APARTMENT MARKET STATISTICS: December 2013
Banks are increasing their construction loans for the first time since 2007, according to Chandan Economics.
Greysteel’s Multifamily Division Retained as Exclusive Adviser and Agent for Sale of Townsend Square
The Greysteel Company’s Mid-Atlantic multifamily investment sales division has been tapped as the exclusive adviser and agent in handling the sale of the Fredericksburg, Va., property, Townsend Square.